7 | M - Momentum: 2 Secrets to Pouring Lighter Fluid on the Success of your Business

7 | M - Create Momentum through systems + recognition

 

2 Secrets to Scaling Your Business: Systems + Recognition 

 

Story: Climbing up the slide at sis in laws

  •  Roger Bannister broke the 5 minute mile in 1954, 46 days later someone else did it. Now it’s less than 4 minutes (3:43)

 

S - systems 

    - What you do consistently so you can marry the process and divorce the result

  •  you can show someone else how to do it (for themselves for you as an employee)
  •  If you are having success, you have a system! What is it? How can you simplify it!
  •  If aiming to delegate or even exemplify, know that 80% as good as you will get the job done! And sometimes it can be done 120% better than you!
  •  Bob says - 4 freedom systems in network marketing: Onboarding, Prospecting, Accountability and Retention

R - Recognition

  •  Recognize the behaviors you want more of! 
  •  If you lead a team, take every opportunity to share the results and even more importantly, actions that others are taking
  •  Acknowledge the rock stars because they deserve it, but equally prioritize the small steps as people feel more inspired when someone is one step ahead of them
  •  3 types of recognition: public, within your team / smaller group, private 

Systematize your recognition:

 

  •  time block or set a set monthly or weekly time to acknowledge the greatness of those on your team.

 

Homework:

  •  what is your process for bringing on a new customer in your business? Write it down. Is this something you could easily teach? Can it be simplified even further?
  •  Who do you need to acknowledge today? Send a private message to them today!